Konami Group Co. (OTCMKTS:KONMY) Sees Large Increase in Short Interest

Konami Group Co. (OTCMKTS:KONMY) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,057 shares, an increase of 1,661.7% from the January 15th total of 60 shares. Based on an average trading volume of 2,779 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 2,779 shares, the short-interest ratio is currently 0.4 days.

Konami Group Stock Up 5.8%

Konami Group stock traded up C$3.57 during trading hours on Tuesday, hitting C$64.52. 1,336 shares of the stock traded hands, compared to its average volume of 2,053. Konami Group has a 1 year low of C$56.13 and a 1 year high of C$88.81. The firm’s 50 day moving average price is C$68.85 and its 200-day moving average price is C$74.50.

Konami Group Company Profile

Konami Group is a Tokyo-based entertainment and gaming company with roots dating back to its founding in 1969. Originally established as a jukebox rental and repair business, the company expanded into video game development in the 1980s and later reorganized into its current holding company structure in 2015. Headquartered in Minato, Tokyo, Konami operates as a diversified entertainment firm serving a global audience.

The company’s core business is digital entertainment, encompassing the development, publishing and distribution of video games for consoles, PCs and mobile platforms.